Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.81% | +0.21 | 0.60% |
| Return on Equity (%) | ▲ | 9.38% | +1.68 | 7.70% |
| Net Interest Margin (%) | ▲ | 3.30% | +0.31 | 2.99% |
| Efficiency Ratio (%) | ▲ | 73.15% | -1.56 | 74.71% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.03 | $0 |
| Cost of Funds (%) | ▲ | 2.49% | -0.25 | 2.75% |
| Balance Sheet | ||||
| Total Assets ($M) | ▼ | $189 | -1.07 | $190 |
| Gross Loans ($M) | ▼ | $144 | -3.59 | $147 |
| Loan Growth YoY (%) | ▲ | 100.14% | +1.01 | 99.13% |
| Total Deposits ($M) | ▼ | $142 | -5.14 | $147 |
| Shareholders Equity ($M) | ▲ | $17 | +1.98 | $15 |
| Tang. Book Value ($M) | ▲ | $17 | +1.98 | $15 |
| TBV excl. AOCI ($M)** | ▲ | $18 | +2.00 | $16 |
| Loan / Deposit Ratio (%) | ▲ | 100.14% | +1.01 | 99.13% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.91% | +0.55 | 0.36% |
| Allowance / Loans (%) | — | 1.03% | 0.08% | 0.95% |
| Net Charge-Off Ratio (%) | ▼ | 1.19% | +0.73 | 0.46% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.31M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂▃▄▄▇█ | Net Interest Margin (%) | 2.88% | 2.87% | 2.96% | 2.99% | 3.05% | 3.03% | 3.22% | 3.30% |
| ▁▂▄▃▅▆██ | Return on Assets (%) | 0.51% | 0.56% | 0.64% | 0.60% | 0.68% | 0.71% | 0.82% | 0.81% |
| █▇▅▃▁▁▁▁ | Efficiency Ratio (%) | 79.3% | 78.2% | 76.3% | 74.7% | 73.3% | 73.3% | 72.6% | 73.2% |
| ▆▆▃▆█▆▃▁ | Cost of Funds (%) | 2.76% | 2.74% | 2.63% | 2.75% | 2.86% | 2.75% | 2.61% | 2.49% |
| ▃▂▂▃▃▄▁█ | NPA / Assets (%) | 0.38% | 0.31% | 0.29% | 0.36% | 0.39% | 0.50% | 0.17% | 0.91% |
| ▃▂▂▂▃▄▁█ | Net Charge-Off Ratio (%) | 0.50% | 0.40% | 0.38% | 0.46% | 0.50% | 0.68% | 0.22% | 1.19% |
| ▂▁▁▂▅▇▇█ | Tang. Book Value ($M) | $15 | $14 | $14 | $15 | $15 | $16 | $16 | $17 |
| ▁▅▇█▇▅▄▆ | Gross Loans ($M) | $133 | $140 | $145 | $147 | $145 | $141 | $139 | $144 |
| ▁▄█▇▆█▆▅ | Total Deposits ($M) | $129 | $140 | $153 | $147 | $147 | $150 | $146 | $142 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 56% |
| C&I / Commercial | 16% |
| Agricultural | 24% |
| Consumer | 3% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 6% |
| Interest-Bearing (core) | 73% |
| Brokered / Other | 21% |